Fuel Subsidy Removal - No Plan for Palliatives Yet for Nigerians - Govt PremiumTimesng: Nigeria
The federal government says it has not concluded plans on palliatives that would cushion the effect of fuel subsidy removal on Nigerians.
Under the federal government's 2022 to 2023 Medium-Term Expenditure Framework, a proposal of N3.3 trillion was only made for fuel subsidy between January and June 2023.had been working with the National Economic Council . According to the minister, the provisions for subsidy is up to June, 2023, adding that the Ministry of Petroleum Resources and other relevant agencies have also been working on the issue.
Mr Agba said:"For over a year plus now, the Vice President, Yemi Osinbajo has been leading a Committee working on this and the National Economic Council also has a committee that has also been doing same.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CHRIS BRYANT: Corporate subsidy race intensifies as US pushes for clean-tech manufacturingEuropean countries risk losing sight of financial wisdom while following the US's corporate welfare free-for-all
Read more »
Ekurhuleni hit by waste removal backlog again | Boksburg AdvertiserAccording to the metro, this time, the collection services hit a snag after the closure of crucial landfill sites.
Read more »
Fuel update: Petrol picture improving by the day, good diesel newsIt's too early to tell what lies ahead for fuel prices in April, but the latest data from the Central Energy Fund is improving by the day.
Read more »
Old Mutual announces share buyback plan of up to R1.5bnThe insurance and investment group declared a final dividend of 51 cents per share, taking the full dividend for the year to 76 cents
Read more »
Uncertainty clouds Colombia’s green energy planEconomists are concerned about funding and a lack of detail on how the government will promote renewable energy and create new green jobs
Read more »
Nuclear-powered submarine plan will be Australia’s biggest defence project to dateThe nuclear-powered submarine programme will start with a A$6bn investment to expand a major base and Australia’s submarine shipyards
Read more »